New Built House With Sea View - ID 3071

Nearly 40 000 Uk Citizens Own Property In Bulgaria 12/03/2008
Almost 40 000 Britons currently have property in Bulgaria and the demand remains sufficiently high to lead to a steady price increase.   UK daily The Independent said that Bulgaria featured as one of the most attractive destinations for property buyers where one could still buy flats worth 34 000 euro.   Brokers quoted by the paper however warned that investors should no longer expect quick and easy returns.   It is increasingly difficult in the UK to gain profit from property deals on rental purposes. Interest rates in the UK increased five times from 4.5 per cent to 5.75 per cent while rental prices grew insufficiently.   This is the main reason why Britons search for investment opportunities in Eastern Europe and especially in new European Union member countries like Poland... more

Strandzha Saved For Now 03/04/2008
After a five-hour discussion on April 2, the interdepartmental committee of the Ministry of Environment and Water Affairs (MOEW) turned down the environmental assessment of the amendments of Tsarevo municipality master plan for re-design, the coalition of 30 non-governmental environmental organisations To Sustain the Nature in Bulgaria (SNB) said in a statement. Contacted by The Sofia Echo, MOEW spokesperson Vanya Ivanova was not available for comment. The revision of the master plan has to be completed within two months, MOEW's committee decided, as quoted by SNB. The initial document foresaw almost 100 per cent construction of the seaside part of Strandja natural park and legalising construction of Golden Pearl development near the village of Varvara, which environmental... more